Have any one tried to use offshore companies to trade on binance?

The regulatory changes in recent years severely restricts crypto trading in US. Especially for people who live in Texas.

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This idea just came to me that we might be able to create corporate accounts on binance with offshore companies. The cost of registering an offshore company on British Virgin Island is about $500 USD.

Here is a page on binance explaining how to verify a corporate account: https://www.binance.com/en/support/faq/360015552032

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Has anyone tried this? What are your thoughts?

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For me, a free trading platform must allow a user to do the following freely:

1, Convert fiat money to crypto in a fast and low cost manner without restrictions.

2, Withdraw crypto in a fast and low cost manner without restrictions.

3, Convert crypto to fiat money in a fast and low cost manner without restrictions.

4, Withdraw fiat money in a fast and low cost manner without restrictions.

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It seems all crypto trading platforms have restrictions on all 4 items above. Is the market really free now?

Personal accounts are severely limited on all trading platforms. On Kraken, if you are only "express verified", you can only deposit money to your account but not withdraw anything. Why isn't this illegal? I've also read stories of Binance users have their money stuck in Binance account.